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Despite being a very challenging year for most sectors of the Nigerian economy, many remote Nigerian rural communities have had a reason to celebrate, being beneficiaries of some of the most impactful government interventions in the power sector, writes Emmanuel Addeh Having been appointed as Managing Director of the Rural Electrification Agency (REA) in December last year, Mr. Ahmad Salihijo, fully got down to work in January 2020, setting the tone as to the changes he was bringing to the operations of the agency saddled with the responsibility of powering unserved and underserved communitie...

137 views The Nation ARNERGY Solar Limited, an indigenous solar company, has brought foreign investments worth $9 million to boost solar electrification in Nigeria. Chief Executive Officer, Arnergy Solar Limited, Mr. Femi Adeyemo told reporters that the company had last year brought in equity investors into the country where it raised $9 million, assuring that the company is deploying the funds in power businesses vertically. According to him, with the funds, Arnergy Solar Limited is targeting to impact 20,000 businesses by year 2024. Adeyemo made this known at the Solar Home Systems (SHS) Ou...

By James Emejo The Managing Director/Chief Executive, Rural Electrification Agency (REA), Mr. Ahmad Salihijo, said the agency had disbursed over $1.1 million to 12 solar power companies as part of efforts to boost rural electrification across the country. This came as the federal government also signed a memorandum of understanding (MoU) on Output Based Fund (OBF) grant with seven private companies for the deployment of Solar Home Systems (SHS) to small businesses and power rural communities cut off from the national grid. Speaking during the signing ceremony in Abuja, Salihijo, said the obje...

Punch Newspapers Sections Okechukwu Nnodim, Abuja The Federal Government on Wednesday signed an Output Based Fund grant Memorandum of Understanding with seven private companies for the deployment of solar home systems to power rural communities. It was learnt that parties in the agreement would also provide electricity to micro, small and medium enterprises located in areas categorised as unserved or under-served in terms of power supply. The Federal Government through the Rural Electrification Agency said the deployment of the solar home systems would further increase the number of citizens ...